We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DE55 6GR
For saleReduced £10k (−7.1%) on 20 JunListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Recently refurbished two bedroom terraced home that is offered for sale with no upward chain and ideally suited for first time buyers.
Description Offered for sale with no upward chain and ideally suited for first time buyers is this recently refurbished terraced home.
The accommodation which is turn-key ready comprises of reception lounge and dining kitchen with wall and base units including integrated oven and hob.
The rear lobby houses the meter cupboard and stairs off to first floor. The first floor accommodation has two double bedrooms and bathroom with three piece suite including rainfall shower.
Externally the rear of the property has a courtyard area and brick built outbuilding providing storage space and outside W/C. The property has double glazed windows and a gas heating system.
Ground Floor Reception Lounge Approached by a double glazed entrance door to the front. The reception lounge has radiator and double glazed window to the front.
Kitchen Separated into two sections this kitchen is fitted with wall and base units with complementary work surfaces over incorporating a single drainer sink unit.
Integrated four ring stainless steel gas hob and electric oven with extractor hood over. Complementary laminate floor, tiled splashbacks and double glazed window to the side and rear elevation.
Further entrance door to the rear. Lobby Having stairs off to first floor accommodation and meter cupboard.
First Floor Landing With access to; Bedroom One Double glazed window to the front, radiator and an over stairs cupboard provides storage space.
The focal point of this room is a decorative cast iron fire grate. Bedroom Two Double glazed window to the rear and radiator.
Bathroom Three piece suite comprising of panel bath with rainfall shower over and sidescreen, vanity unit and low flush W/C.
Complementary tiled floors, heated towel rail and double glazed window to the front.
Outside Externally the rear of the property has a courtyard area, outside W/C and a brick built outbuilding providing storage. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 1, New Street, Alfreton
Explore nearby